Hunting witches
by“To the socialists of all parties (to whom F.A. Hayek dedicated ‘The Road to Serfdom’), ‘The Constitution of Liberty’ is anathema. Hayek, they believe,…
The Bitcoin money myth
byMany economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass…
Europe continues to flounder
byAs another week goes by, Europe continues to flounder – even German car sales were off by 17% YOY, a decline which was presumably not all…
The great Gold vs Bitcoin debate: Casey vs Matonis
byFollowing the Mt. Gox takedown, I acted as referee between Doug Casey, of Casey Research, and Jon Matonis, of Bitcoin Foundation, as they discussed…
Weird scenes inside the gold mine
by“The modern Keynesian state is broke, paralysed and mired in empty ritual incantations about stimulating ‘demand’, even as it fosters a mutant crony capitalism…
The rise of the money cranks
byIt’s official: global economic policy is now firmly in the hands of money cranks. The lesson from the events of 2007-2008 should have been…
Gerard Casey: ‘No property is safe in the EU’
byI spoke recently to the splendid Professor Gerard Casey about his philosophical notions of property, before moving this on to talk about money (as…
Is the Fed likely to alter its easy stance soon?
byOn Thursday April 4 the Federal Reserve Vice Chairman Janet Yellen said in Washington the Federal Open Market Committee (FOMC) should be prepared to…
The woman who changed the world has passed away
byI learned this afternoon with considerable sadness of the passing of Baroness Thatcher. I cannot say I knew her — I was 19 when…
Someone has to pay – will it be you?
byThe Cyprus banking kerfuffle has ignited a blogosphere storm debating the likelihood that depositors elsewhere, perhaps even ‘guaranteed’ ones, may find themselves on the…